Resistance

Cosmos

<ul class="list-ic vertical">
 <li><span>1</span> <a>ATOM crypto price is currently trading at $9.438 with a rise of 0.61% in the last 24 hours with a current market cap of $3.545 Billion.</a></li>
 <li><span>2</span> <a>Cosmos crypto price is trading above the key moving averages, showing bullishness on the chart.</a></li>
</ul>
<p>The price of Cosmos is trading above in the bullish zone showcasing bullishness. The 24-hour volume of the crypto is 117.094 Million. ATOM has a market capitalization of 3.545 Billion. Its price has seen a slight decline of about 1.00% over the past week and an excellent gain of 47.28% over the past month.</p>
<p>However, crypto has gained by about 25.11% over the past three months and lost by about 10.31% over the past six months. Its performance throughout the year has also been disappointing, with a year-to-date return of about 0.96%.</p>
<h2 class="wp-block-heading" id="strong-what-technical-indicators-say-of-atom-crypto-strong"><strong>What Technical Indicators Say of ATOM Crypto?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1272" height="577" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374.png" alt="ATOM Crypto Prediction: Will Cosmos Crypto be Bullish In 2024?" class="wp-image-181208" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374.png 1272w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374-300x136.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374-1024x465.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374-768x348.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374-750x340.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-374-1140x517.png 1140w" sizes="(max-width: 1272px) 100vw, 1272px">
  <figcaption class="wp-element-caption">
   Source: ATOM.1D.USD by TradingView
  </figcaption>
 </figure>
</div>
<p>ATOM crypto is displaying strong bullish momentum as its crypto price has moved above the 50-day and 200-day moving averages. Cosmos crypto <a href="https://www.thecoinrepublic.com/2023/11/17/cosmos-atom-enlisted-relief-rally-is-it-a-value-pick-for-2025/" rel="noopener noreferrer nofollow">price </a>could begin a new upward trend and climb higher if the buying demand persists. Moreover, the bullish signal on the daily chart confirms the positive outlook.</p>
<p>The technical indicators of Cosmos crypto are showing strong bullish signals. MACD, RSI, and super trend support the crypto. The MACD line is trading above the signal line, indicating bullish momentum. The RSI is above 66.12, showing a positive momentum. The super trend line is below the price, ensuring an upward trend. These indicators suggest that ATOM crypto is in a powerful bullish trend and may continue to rise.</p>
<p>On the Weekly charts, Cosmos crypto is close to a critical breakout. It occurs when the price trades above 50 EMA. However, buyers are accumulating the crypto by defending it from the support of $9.00.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1366" height="625" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375.png" alt="ATOM Crypto Prediction: Will Cosmos Crypto be Bullish In 2024?" class="wp-image-181209" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375.png 1366w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375-300x137.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375-1024x469.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375-768x351.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375-750x343.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-375-1140x522.png 1140w" sizes="(max-width: 1366px) 100vw, 1366px">
  <figcaption class="wp-element-caption">
   Source: Cosmos weekly chart
  </figcaption>
 </figure>
</div>
<p>The RSI curve floating near 55 showed a rise from the neutral zone, indicating buyers’ presence in the previous trading sessions.The MACD indicator shows a bullish momentum and maintains green bars on the histogram, suggesting the bullishness of the crypto.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The<a href="https://www.thecoinrepublic.com/2022/10/28/coinbase-noted-it-is-attentive-to-the-proposed-monetary-policy-by-atom/" target="_blank" rel="noopener noreferrer nofollow"> ATOM coin</a>’s technical oscillators support the bullish trend. The MACD, RSI, and EMAs are emphasizing negative signs and implying that the downtrend may continue in the Cosmos crypto price.&nbsp;</p>
<p>The ATOM Price action suggests that the investors and traders are bullish on the 1-D time frame. The price action reflects a bullish perspective at the moment. Moreover, ATOM Investors avoid the fear of missing out. Scarcity is created in the crypto market to gain more investors and creditors. It is better to keep it at arm’s length as this may result in one of the emerging reasons for market volatility.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p>Support Levels: $8.617 and $8.141</p>
<p>Resistance levels: $10.180 and $11.000</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.</p>

ATOM Crypto Prediction: Will Cosmos Crypto be Bullish In 2024?

Table of Contents

Thecoinrepublic.com

Other articles published on Nov 21, 2023

Analyst Gives Bullish XRP Price Prediction While Another Trader Backs This New Token To See 10x G...

Tether froze $225M but $70M slipped the net

Binance (BNB) Unveils Pierre Gasly's F1 Helmet for Abu Dhabi Grand Prix

Osmosis Ecosystem Spotlight: Quasar Finance

Burn & Mint Smart Contract

The crypto community reacts to Binance’s $4 billion penalty

Join our free newsletter for daily crypto updates!